Virtual Data Rooms

It’s been said that nothing is certain except death and taxes, and the Internal Revenue Service (IRS) is said to be unforgiving, so keep your records. The IRS is a tough foe to battle, so once you’ve filed your taxes, you better make sure you have all your accounting straight in the (highly unlikely) event … Read more

In an effort to keep business practices legally compliant, companies need to share documents that ensure they are adhering to a wide array of standards. Conducting due diligence, leaving behind a full audit trail, and compiling a list of people with access to sensitive documents are all crucial aspects to cleanly running a business. Businesses … Read more

The healthcare and life sciences industries need tools that ensure transaction success. More even than in other sectors, the speed and efficiency at which the due diligence process is carried out is critical in healthcare and life sciences, as any delays or disruptions could mean the prevention of the delivery of important therapies and treatments.  … Read more

A virtual data room (VDR) offers much more than a convenient cloud-based platform to host documents. While the ability to deliver important documents related to an M&A or private equity transaction is important so as not to slow down the due diligence process, it is critical to ensure that the wrong documents do not end … Read more

Hardly a week goes by without a news story of another data breach or hack. Whether it’s mischief caused by professional hackers, amateurs causing chaos for fun, foreign nationals looking to breach government or military computers, or serious cybercriminals intent on holding a network hostage with ransomware, breaches happen frequently, and it’s a dangerous world … Read more

Investment banking is highly complex. Whether an M&A, private equity, divestiture, recapitalization, bankruptcy or any liquidity event, it’s not simply the C-Suite of the companies involved who must review documents and financial statements. Dozens of external bankers, lawyers, accountants, advisors, consultants and other professionals — from all sides of the transaction — must also be … Read more

Mergers are often difficult to make sense of. Of course, the company owners or investors want to cash out at some point, but rarely are companies mergers of equals. While press releases and newspaper articles might mention “growth” or a “strategic acquisition,” oftentimes, it’s anything but. The acquiring company does all but dissolve the company … Read more

Comparing the cost of one virtual data room (VDR) to another is much like trying to compare the menus of different restaurants. Some offer buffet-style flat rates, while others have menus akin to “dinner for four” or “dinner for six,” with different options available according to your needs or taste. Still others dress up a … Read more

Ironically enough, in the past few years, one of the big news stories has been fake news. Yes, the news has been reporting that other news is fake news. And we’re not talking about the “news” you might read in the National Enquirer or Weekly World News; this is news disseminated by big-business broadcast corporations, … Read more

Now that we’re well into the information age, it seems that everything is all about the data. Virtually every company has a series of hardware and software systems that help battle inefficiency, but the data and information produced doesn’t always end up in the best place, as far as the big picture is concerned. This … Read more